Putnam Hartford Capital Manager

Putnam Capital Opportunities Subaccount

The subaccount seeks long-term growth of capital.

Putnam Capital Opportunities Subaccount

Fund description

The subaccount invests primarily in small and midsize companies, seeking hidden opportunities in stocks with growth potential that has been relatively unnoticed by investors. The portfolio can own growth and value stocks without a bias toward either style.

Sales story

Seeking opportunities in small and midsize companiesSmaller companies: Often overlooked by Wall Street analysts, the stocks of smaller companies can represent attractive opportunities to firms with strong research capabilities.A flexible strategy: The fund can own growth- or value-style stocks, allowing it to seek opportunities regardless of which style is in favor.Differentiated research: The portfolio managers select stocks in a collaborative effort that emphasizes non-consensus critical thinking.

Lipper ranking ‡ as of 09/30/17

Category: Small-Cap Core Funds

  Percentile ranking Rank/Funds in category
10 yrs. 76% 84/111
1 yr. 97% 147/151
3 yrs. 96% 140/145
5 yrs. 98% 135/138

The subaccount invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.

‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.

Quick facts as of 09/30/17

Fiscal Year End December
Asset Class Putnam Hartford Capital Manager
Subaccount Status Open to new investors
Number of issues 95
Turnover (fiscal year end) 124%
Net Assets $28M
Inception Date 05/01/03

Holdings

Top 10 holdings as of 09/30/17

Summit Materials 2.91%
Brunswick Corp/De 2.13%
Radian Group 2.04%
Dxc Technology 1.97%
Rpc Group 1.83%
Hamilton Lane 1.75%
Gaming And Leisure Properties 1.73%
Owens Corning 1.73%
Easterly Government Properties 1.65%
Goodyear Tire Rubber The 1.65%
Top 10 holdings, total: 19.39%

 
Equity Holdings  | Full portfolio  |  Prior top 10 holdings

Equity Holdings as of 06/30/17
BRUNSWICK CORP 2.33%
SUMMIT MATERIALS INC -CL A 2.31%
DXC TECHNOLOGY CO 2.00%
RADIAN GROUP INC 1.91%
GAMING AND LEISURE PROPERTIE 1.89%
GOODYEAR TIRE & RUBBER CO 1.86%
HAMILTON LANE INC-CLASS A 1.85%
COLONY NORTHSTAR INC-CLASS A 1.83%
JAZZ PHARMACEUTICALS PLC 1.82%
EASTERLY GOVERNMENT PROPERTI 1.80%
J. JILL INC 1.75%
NEW YORK REIT INC 1.68%
EAST WEST BANCORP INC 1.63%
INVESTMENT TECHNOLOGY GROUP 1.54%
DIEBOLD NIXDORF INC 1.53%
PEOPLES BANCORP INC 1.49%
RPC GROUP PLC 1.47%
INSTRUCTURE INC 1.46%
ASSURED GUARANTY LTD 1.42%
EVERBRIDGE INC 1.42%
SBA COMMUNICATIONS CORP 1.41%
QORVO INC 1.36%
OWENS CORNING 1.34%
W.R. GRACE & CO 1.33%
POPULAR INC 1.30%
UMPQUA HOLDINGS CORP 1.30%
ECHOSTAR CORP-A 1.25%
WYNDHAM WORLDWIDE CORP 1.25%
PACIRA PHARMACEUTICALS INC 1.22%
REALPAGE INC 1.22%
STERICYCLE INC 1.22%
ACLARIS THERAPEUTICS INC 1.21%
CLOVIS ONCOLOGY INC 1.21%
J2 GLOBAL INC 1.20%
SELECT MEDICAL HOLDINGS CORP 1.20%
PROOFPOINT INC 1.18%
KAPSTONE PAPER AND PACKAGING 1.15%
TERADYNE INC 1.14%
FIRST REPUBLIC BANK/CA 1.13%
EDGEWELL PERSONAL CARE CO 1.11%
EMPLOYERS HOLDINGS INC 1.10%
SANDERSON FARMS INC 1.07%
SEALED AIR CORP 1.06%
NOMAD FOODS LTD 1.03%
SERVICE CORP INTERNATIONAL 1.03%
ASTEC INDUSTRIES INC 0.99%
HAWAIIAN HOLDINGS INC 0.99%
ALLETE INC 0.92%
BURLINGTON STORES INC 0.90%
DAVE & BUSTER'S ENTERTAINMEN 0.90%
COMMERCIAL METALS CO 0.89%
H AND E EQUIPMENT SERVICES INC 0.87%
ONE GAS INC 0.86%
RIGHTMOVE PLC 0.85%
CAVIUM INC 0.76%
PACWEST BANCORP 0.74%
BALL CORP 0.71%
ORION ENGINEERED CARBONS SA 0.70%
PARSLEY ENERGY INC-CLASS A 0.70%
KANSAS CITY SOUTHERN 0.68%
JELD-WEN HOLDING INC 0.65%
FINISH LINE/THE - CL A 0.64%
LIVE NATION ENTERTAINMENT IN 0.64%
SS&C TECHNOLOGIES HOLDINGS 0.64%
COTY INC-CL A 0.63%
GRAPHIC PACKAGING HOLDING CO 0.63%
MONDI PLC 0.63%
BIOVERATIV INC 0.61%
BIO-RAD LABORATORIES-A 0.60%
PENUMBRA INC 0.60%
ARRAY BIOPHARMA INC 0.59%
ENDO INTERNATIONAL PLC 0.59%
MALIBU BOATS INC - A 0.59%
MEDICINES COMPANY 0.59%
NEUROCRINE BIOSCIENCES INC 0.59%
SEVEN GENERATIONS ENERGY - A 0.59%
WESCO INTERNATIONAL INC 0.58%
GENMARK DIAGNOSTICS INC 0.57%
NUVISTA ENERGY LTD 0.57%
OGE ENERGY CORP 0.57%
ENCANA CORP 0.55%
DEL TACO RESTAURANTS INC 0.54%
DICKS SPORTING 0.53%
TEXAS CAPITAL BANCSHARES INC 0.52%
QEP RESOURCES INC 0.46%
WIX.COM LTD 0.39%
BOOZ ALLEN HAMILTON HOLDINGS 0.35%
PATTERSON-UTI ENERGY INC 0.35%
HANNON ARMSTRONG SUSTAINABLE 0.31%
ZAYO GROUP HOLDINGS INC 0.31%
SELECT ENERGY SERVICES INC-A 0.30%
NEXTERA ENERGY PARTNERS LP 0.27%
OCEANEERING INTL INC 0.25%
RICE ENERGY INC 0.22%
CALIFORNIA WATER SERVICE GRP 0.20%

Full Portfolio Holdings as of 06/30/17
BRUNSWICK CORP 2.33%
SUMMIT MATERIALS INC -CL A 2.31%
DXC TECHNOLOGY CO 2.00%
RADIAN GROUP INC 1.91%
GAMING AND LEISURE PROPERTIE 1.89%
GOODYEAR TIRE & RUBBER CO 1.86%
HAMILTON LANE INC-CLASS A 1.85%
COLONY NORTHSTAR INC-CLASS A 1.83%
JAZZ PHARMACEUTICALS PLC 1.82%
EASTERLY GOVERNMENT PROPERTI 1.80%
J. JILL INC 1.75%
NEW YORK REIT INC 1.68%
EAST WEST BANCORP INC 1.63%
INVESTMENT TECHNOLOGY GROUP 1.54%
DIEBOLD NIXDORF INC 1.53%
PEOPLES BANCORP INC 1.49%
RPC GROUP PLC 1.47%
INSTRUCTURE INC 1.46%
ASSURED GUARANTY LTD 1.42%
EVERBRIDGE INC 1.42%
SBA COMMUNICATIONS CORP 1.41%
QORVO INC 1.36%
OWENS CORNING 1.34%
W.R. GRACE & CO 1.33%
INDUSTRIAL SELECT SECT SPDR 1.30%
POPULAR INC 1.30%
UMPQUA HOLDINGS CORP 1.30%
ECHOSTAR CORP-A 1.25%
WYNDHAM WORLDWIDE CORP 1.25%
PACIRA PHARMACEUTICALS INC 1.22%
REALPAGE INC 1.22%
STERICYCLE INC 1.22%
ACLARIS THERAPEUTICS INC 1.21%
CLOVIS ONCOLOGY INC 1.21%
J2 GLOBAL INC 1.20%
SELECT MEDICAL HOLDINGS CORP 1.20%
PROOFPOINT INC 1.18%
KAPSTONE PAPER AND PACKAGING 1.15%
TERADYNE INC 1.14%
FIRST REPUBLIC BANK/CA 1.13%
EDGEWELL PERSONAL CARE CO 1.11%
EMPLOYERS HOLDINGS INC 1.10%
SANDERSON FARMS INC 1.07%
SEALED AIR CORP 1.06%
NOMAD FOODS LTD 1.03%
SERVICE CORP INTERNATIONAL 1.03%
ASTEC INDUSTRIES INC 0.99%
HAWAIIAN HOLDINGS INC 0.99%
ALLETE INC 0.92%
BURLINGTON STORES INC 0.90%
DAVE & BUSTER'S ENTERTAINMEN 0.90%
COMMERCIAL METALS CO 0.89%
H AND E EQUIPMENT SERVICES INC 0.87%
ONE GAS INC 0.86%
RIGHTMOVE PLC 0.85%
POWERSHARES S&P SC INDUSTRIA 0.78%
CAVIUM INC 0.76%
PACWEST BANCORP 0.74%
BALL CORP 0.71%
ORION ENGINEERED CARBONS SA 0.70%
PARSLEY ENERGY INC-CLASS A 0.70%
KANSAS CITY SOUTHERN 0.68%
JELD-WEN HOLDING INC 0.65%
FINISH LINE/THE - CL A 0.64%
LIVE NATION ENTERTAINMENT IN 0.64%
SS&C TECHNOLOGIES HOLDINGS 0.64%
COTY INC-CL A 0.63%
GRAPHIC PACKAGING HOLDING CO 0.63%
MONDI PLC 0.63%
BIOVERATIV INC 0.61%
BIO-RAD LABORATORIES-A 0.60%
PENUMBRA INC 0.60%
ARRAY BIOPHARMA INC 0.59%
ENDO INTERNATIONAL PLC 0.59%
MALIBU BOATS INC - A 0.59%
MEDICINES COMPANY 0.59%
NEUROCRINE BIOSCIENCES INC 0.59%
SEVEN GENERATIONS ENERGY - A 0.59%
WESCO INTERNATIONAL INC 0.58%
GENMARK DIAGNOSTICS INC 0.57%
NUVISTA ENERGY LTD 0.57%
OGE ENERGY CORP 0.57%
ENCANA CORP 0.55%
DEL TACO RESTAURANTS INC 0.54%
DICKS SPORTING 0.53%
TEXAS CAPITAL BANCSHARES INC 0.52%
QEP RESOURCES INC 0.46%
WIX.COM LTD 0.39%
BOOZ ALLEN HAMILTON HOLDINGS 0.35%
PATTERSON-UTI ENERGY INC 0.35%
HANNON ARMSTRONG SUSTAINABLE 0.31%
ZAYO GROUP HOLDINGS INC 0.31%
SELECT ENERGY SERVICES INC-A 0.30%
NEXTERA ENERGY PARTNERS LP 0.27%
OCEANEERING INTL INC 0.25%
RICE ENERGY INC 0.22%
POUND STERLING CALL ACCOUNT 0.21%
CALIFORNIA WATER SERVICE GRP 0.20%
CANADIAN DOLLAR ACCOUNT 0.07%
SEE 20180119 C 50.00BCBP 0.02%
RUSSELL 2000 MINI SEP17 RTAU7 0.00%
SEE 20180119 C 55.00BCBP -0.01%

Prior top 10 holdings

Top 10 holdings as of 09/30/17
1: Summit Materials 2.91%
2: Brunswick Corp/De 2.13%
3: Radian Group 2.04%
4: Dxc Technology 1.97%
5: Rpc Group 1.83%
6: Hamilton Lane 1.75%
7: Gaming And Leisure Properties 1.73%
8: Owens Corning 1.73%
9: Easterly Government Properties 1.65%
10: Goodyear Tire Rubber The 1.65%
Holdings represent 19.39% of portfolio
Top 10 holdings as of 08/31/17
1: Summit Materials 2.74%
2: Brunswick Corp/De 2.08%
3: Dxc Technology 2.03%
4: Radian Group 1.98%
5: Gaming And Leisure Properties 1.91%
6: Rpc Group 1.81%
7: Jazz Pharmaceuticals 1.77%
8: Owens Corning 1.77%
9: Hamilton Lane 1.70%
10: Easterly Government Properties 1.67%
Holdings represent 19.46% of portfolio
Top 10 holdings as of 07/31/17
1: Summit Materials 2.61%
2: Brunswick Corp/De 2.32%
3: Dxc Technology 2.03%
4: Radian Group 2.02%
5: Colony Northstar 1.89%
6: Gaming And Leisure Properties 1.89%
7: Jazz Pharmaceuticals 1.79%
8: Rpc Group 1.76%
9: J. Jill 1.74%
10: Easterly Government Properties 1.70%
Holdings represent 19.75% of portfolio
Top 10 holdings as of 06/30/17
1: Brunswick Corp/De 2.33%
2: Summit Materials 2.31%
3: Dxc Technology 2.00%
4: Radian Group 1.91%
5: Gaming And Leisure Properties 1.89%
6: Goodyear Tire Rubber The 1.86%
7: Hamilton Lane 1.85%
8: Colony Northstar 1.83%
9: Jazz Pharmaceuticals 1.82%
10: Easterly Government Properties 1.80%
Holdings represent 19.60% of portfolio

Portfolio Composition as of 09/30/17

Common stock 96.46%
Cash and net other assets 3.54%

Portfolio characteristics will vary over time. The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.

The fund invests all or a portion of its assets in small to midsize companies. Such investments increase the risk of greater price fluctuations. Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty. Growth investing targets companies with above-average earnings that may be subject to price volatility if earnings expectations are not met.

Top Industry Sectors as of 09/30/17

Information technology 15.67%
Financials 15.46%
Consumer discretionary 13.45%
Health care 11.95%
Materials 10.90%
Industrials 9.31%
Real estate 8.33%
Energy 4.49%
Consumer staples 3.61%
 
Other		 6.83%
Cash and net other assets 3.54%
Utilities 3.29%